Newsround: what Wednesday's papers say

Delaney in surprise resignation from OCI and abortion vote will not be held until 2018 at the earliest

26th October, 2016
Wednesday's papers

The top stories in Wednesday's newspapers:

THE IRISH TIMES

-On its front page, the newspaper reports that the abortion vote will not be held until 2018 at the earliest under a compromise reached by the government yesterday. The deal struck by the two sides effectively kills the bill proposed by the Anti-Austerity Alliance-People Before Profit TDs.

-FAI chief executive John Delaney has resigned from his position as second vice president of the Olympic Council of Ireland and said he was confident the two investigations being carried out into the OCI constitution and ticketing practices during the Rio Olympics would find he had no involvement in the ticketing arrangements.

-On its Home News pages, the paper reports that hundreds of secondary schools that are set to close tomorrow as a result of a teachers' strike are informing parents they may not reopen at all following the mid-term break.

-The Business section reports on the European Commission's new proposals for a Europe-wide corporate tax base in its latest clampdown on aggressive tax planning by multinationals.

FINANCIAL TIMES

-The paper reports that opponents of a third runway at London's Heathrow airport are preparing for a prolonged rearguard action despite yesterday's announcement by Chris Grayling, the transport secretary, that the government had endorsed the expansion plan.

-Paul Beatty has won the 2016 Man Booker prize for his satirical novel The Sellout, a piercing tale about race relations in the US, making him the first American to receive the prize, the paper says.

-It also carries a report on European Central Bank president Mario Draghi who has hit back on behalf of global monetary policymakers, dismissing growing criticism that their aggressive actions to support the economy had widened the gap between rich and poor.

-The FT Big Read is on the effects of ageing as it asks whether the rising number of retirees could prove an inflationary factor and help stave off a fresh crisis.

IRISH INDEPENDENT

-The paper's front page reports on the latest mortgage war as the banks come under renewed pressure to cut their variable rates after KBC Bank moved to slash a range of rates for its customers

-It also says that the GAA is close to signing an agreement worth an estimated €55 million with RTÉ and Sky Sports for a further five years, carving up the broadcasting rights for championship hurling and football games until 2021

-Brexit will weaken Ireland's place in the European Union and damage the government's pursuit of our objectives as a member state, a report from the National Risk Assessment has said

-The paper also reports that the Army will not step in to cover for gardaí when strike for the first time in their history, according to the defence force's union

IRISH EXAMINER

-Trips and falls cost Cork City Council more than €4 million in compensation last year, with average payouts higher than ever at close to €25,000, the paper's lead story says

-It also reports that another day of Garda industrial action looks set to take place on Friday as negotiations between the Association of Garda Sergeants and Inspectors and the Department of Justice gained little ground

-Fine Gael senators have threatened to vote against the government's alcohol bill if they do not get reassurances on measures impacting on small businesses, the paper says

-In its Business section, the paper reports that EU regulators have renewed a push to create a common base for calculating taxable corporate profits with draft legislation that threatens to isolate Ireland politically as the UK prepares to quit the bloc

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